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While it may be easiest to continue on with your work and push aside economic anxieties, looking out for key indicators that your company might soon cut positions gives you time to get prepared — updating your resume, cutting back spending, reaching out to your network to see if anyone is hiring, etc. . Budget cuts are an obvious one.
Declines in industry health, company financial instability, budget cuts, and departmental reorganizations are major warning signs of potential layoffs. Shifts in company culture, exclusion from key meetings, increased workplace gossip, and changes in managerial attitudes can indicate looming job risks. Finally, always have a plan B.
You will see that aside from typing, Word, and Excel, some of the bigger companies will test you on logic, grammar, listening, putting together a budget, creativity, and more. When I entered the workforce, my resume was already pretty lengthy so I didn't have to start from the very bottom. Be the bigger person and don't gossip!
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